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Amid calls for Powell’s ouster, Bessent says Fed chief should serve out his term
Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chair to step down. “There’s nothing that tells me that he should step down right now,
Trump Administration Not in a Rush to Replace Powell, Treasury Chief Bessent Says
U.S. Treasury Secretary Scott Bessent on Wednesday told Bloomberg TV in an interview that the Trump administration was not in a rush to nominate a new Federal Reserve Chair to replace Jerome Powell. Bessent said he continues to have regular meetings with Powell and that Powell had not told him whether he would leave his board seat.
Treasury Secretary Scott Bessent said Monday he believes the Federal Reserve system should be reviewed for potentially ...
Tariffs won't fuel inflation, Treasury Secretary Scott Bessent said on Wednesday in a broadcast interview, adding that he ...
Treasury Secretary Scott Bessent dismissed MSNBC host Jonathan Lemire’s negatively framed questions on Wednesday about ...
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Scott Bessent Denies Trump Will ‘Fire’ Fed Chair: ‘Not Sure Where that Question Comes From’Bessent denied that Trump will “fire” Federal Reserve chairman Jerome Powell, pushing back on the question from Morning Joe host Jonathan Lemire.
“Bessent is trying to show Trump there is a path to get what he wants without unnecessary market turmoil,” said Stephen Myrow ...
Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve after getting caught in the ...
This comes as President Donald Trump has sharply criticized the building renovations of the Fed building, using the project ...
U.S. Treasury Secretary Scott Bessent on Monday called for deeper reforms of what he called an antiquated financial ...
What we need to do is examine the entire Federal Reserve institution and whether they have been successful,’ says Secretary ...
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